Analysts See Washington Post Purchase As Timely

Amazon founder Jeff Bezos is buying one of the top U.S. newspapers.  The Washington Post announced Monday that Bezos is buying the paper and its affiliated publications for $250 million.  The news surprised many in the news industry.  But as Some analysts say the deal may be good for the struggling newspaper business.

Known for breaking major stories – it’s been an icon of print journalism for decades.  But faced with declining circulation and a sharp drop in operating …

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